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External assets in Turkey recorded USD 247.5 billion indicating an increase...

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External assets in Turkey recorded USD 247.5 billion indicating an increase of 8.0% According to the data published by Central Bank of Republic of Turkey,...

Turkish Central Bank reserves exceed $104B in October

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Turkish Central Bank reserves exceed $104B in October According to the news of Hürriyet Daily News, the Turkish Central Bank on Nov. 28 announced its official reserves...

What is the VAT rate for properties that are company’s assets...

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What is the VAT rate for the properties that are registered as a residence to the company’s assets? The VAT rates for the selling of...

If taxpayers in Turkey sell their real property entered as assets,...

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A taxpayer keeps accounting records on the basis of balance. If the taxpayer sells their real property that is entered as an asset, would...

Is the VAT rate still 8% when selling stores that are...

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Which one do I have to pay regard to when selling a store that is registered as an asset of a construction firm, the...

Rules and Procedures in Regard to Preparing Consolidated Financial Statements

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What are Consolidated Financial Statements? What are the Rules and Procedures in Regard to Consolidated Financial Statements? Consolidated Financial Statements: Financial information presentation (in which the assets,...

What is Joint Stock Company?

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1- WHAT IS JOINT STOCK COMPANY? 1.1- Joint-stock company is a company whose capital is declared and divided into shares and who is only responsible for...

What is the Importance of Company’s Valuation in Turkey?

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Since mergers and acquisitions (m&a) have been popular and driven intense interest of the public for the last 10 years in Turkey, there have...

The Determination of 2-Year Rule When Selling the Properties in line...

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The Determination of 2-Year Rule When Selling the Properties Being Subject to Lease Certificate Purchase/Sale Transactions in line with the Sale and Release and...

Are Real Estates That in possession of Company’s Assets More Than...

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ARE REAL ESTATES THAT IN POSSESSION OF COMPANY’S ASSETS MORE THAN 2 YEARS SUBJECT TO VAT IN TURKEY? According to article 17/4-r of VATA, the...